Anant Enterprises has sales of $750, total assets of $450, and a debt/equity ratio of 1.80. If its return on equity is 12 percent, what is its net income?
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- Y3K, Inc., has sales of $4,600, total assets of $3,270, and a debt-equity ratio of 1.40. If its return on equity is 19 percent, what its net income?Determine net income?synoec company has a debt - equity ratio of.85. return on assets is 10.4 percent, and total equity is $785, 000. what is the equity multipler? what is the return on equity? what is the net income?